In an effort to prevent deceptive conduct, the Consumer Financial Protection Bureau (CFPB) released Policy Statement on April 3rd, which, among other things, expands their definition of “abusive acts and practices.” As debates about how to comply with the CFPB’s new policy statement circulate, Keith Bradley and David Coats take to Law360 to
In case you missed it, below are recent posts from Privacy World covering the latest developments on data privacy, security and innovation. Please reach out to the authors if you are interested in additional information.
Data Retention and Minimization, The Elephant in the Room | Privacy World
Earlier this month, the Consumer Financial Protection Bureau (the “CFPB”) announced that it had issued a request for information (“RFI”) seeking public comment on “companies that track and collect information on people’s personal lives. In issuing this new Request for Information, the CFPB wants to understand the full scope and breadth of data brokers and their business practices, their impact on the daily lives of consumers, and whether they are all playing by the same rules.” The deadline for submitting comments in response to the RFI is June 13, 2023.
Continue Reading CFPB Issues Request for Information to Determine Data Brokers’ Compliance with FCRA
In case you missed it, below are recent posts from Privacy World covering the latest developments on data privacy, security and innovation. Please reach out to the authors if you are interested in additional information.
In case you missed it, below are recent posts from Privacy World covering the latest developments on data privacy, security and innovation. Please reach out to the authors if you are interested in additional information.
CFPB and FTC to Scrutinize Tenant Screening Practices | Privacy World
China Releases the Standard Contract on Personal Information Export
Earlier this month, the Consumer Financial Protection Bureau (the “CFPB”) and Federal Trade Commission (the “FTC”) announced that they had issued a request for information (“RFI”) seeking public comment on “background screening issues affecting individuals who seek rental housing in the United States, including how the use of criminal and eviction records and algorithms affect tenant screening decisions and may be driving discriminatory outcomes.” The deadline for submitting comments in response to the RFI is May 30, 2023.
Continue Reading CFPB and FTC to Scrutinize Tenant Screening Practices
In case you missed it, below are recent posts from Consumer Privacy World covering the latest developments on data privacy, security and innovation. Please reach out to the authors if you are interested in additional information.
WEBINAR Federal Privacy Legislation: Within Reach After a Decade of Debate. If So, What Next?
For almost four years now, attorneys have remained relentless in their quest to extend the outer boundaries of the Illinois Biometric Information Privacy Act (BIPA) as far as courts are willing to allow. During this period, many defendants have struggled with procuring dismissals of BIPA class claims.
One particular defense, however, has developed into an extremely robust tool for companies engaged in biometric privacy class suits: BIPA’s “financial institution” exemption. Contrary to what its name suggests, the benefits of this entity-level carve-out extend to a range of entities well beyond traditional banks and financial institutions. A recent BIPA opinion issued by a Northern District of Illinois court demonstrates the expansive scope of the exemption and provides several key takeaways for defendants to defend against—and outright defeat—BIPA claims at a time when biometric privacy class action exposure continues to grow.
The end of last month the U.S. Chamber of Commerce, the American Bankers Association and other industry groups (collectively, “Plaintiffs”) filed suit in Texas federal court challenging the Consumer Financial Protection Bureau’s (“CFPB”) update this year to the Unfair, Deceptive, or Abusive Acts or Practices section of its examination manual to include discrimination. Chamber of
In case you missed it, below are recent posts from Consumer Privacy World covering the latest developments on data privacy, security and innovation. Please reach out to the authors if you are interested in additional information.